Highlights of Recent Trends in Financial Markets [E-Book] / Organisation for Economic Co-operation and Development
Paris : OECD Publishing, 2005
63 p.
Finance and Investment
Full Text
Over the past few months, major equity markets generally have continued their upward trend, while interest rates at the long end of the maturity spectrum have declined. Meanwhile, credit spreads for both investment grade and sub-investment grade borrowers continue to be compressed and volatility appears to have diminished in most market segments.